Speaking Clearly

A few weeks ago, I introduced myself and shared that I was working with Wattson to help strengthen families financially and build character through fiscal responsibility. Well, those are a lot of really big words, so I thought I would break things down and tell you a little more about this blog and why finances are such an important part of healthy family relationships.

There are studies that show that financial problems lead to emotional and mental issues. Financial problems are also a key ingredient to marital problems. There is no doubt these stresses affect children, thus the entire family. The main purpose of Wattson and My Discovery Destination! is to support families in every aspect, and that includes money management.

While the Financial Friday Money Minutes blog is for everyone, it is especially geared towards families that are ready and willing to work their way out of debt and into financial stability. Our plan includes common-sense advice given by someone who has been there, has overcome many obstacles to become debt-free and thus financially stable, and wants to help others do the same!

You might ask what it means to be financially stable. Honestly, that term has different meanings for different people. But I would like to propose it means being able to cover all living expenses, regularly contributing to short and long-term savings, and not owing any money to anybody. Some might even call it being financially free. 

That right there gives us an awful lot to talk about, and we will get started right away. In fact, here is a sneak peek at next week’s post, and this is something you are not likely to learn in many other financial circles:

DEBT IS BAD.

Come back. You need to hear this.